Allied Gold Reports Q3 2026 Results, Begins Production at the Kurmuk Mine and Delivers Strong Performance at the Côte D’Ivoire Complex

TORONTO, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Allied Gold Corporation (TSX: AAUC) (NYSE: AAUC) (“Allied” or the “Company”) herein provides its financial and operational results for the third quarter of 2026. The Company produced 91,195 ounces of gold during the quarter, representing a 5% increase over the comparable prior-year period, at all-in sustaining costs (“AISC”)((1) )of $2,378 per ounce sold. As previously disclosed, production is expected to be weighted toward the second half of the year, particularly the fourth quarter, with production increases expected at Sadiola. Production at the Kurmuk Mine will add to expected production increases.

At Kurmuk, commissioning activities began in the third quarter, and more recently, ore has been introduced into the plant. The mine is now in production and will ramp up into the end of the year. This cornerstone asset is expected to deliver a significant increase in production at attractive operating costs, while enhancing the scale, quality and longevity of the Company’s portfolio. As the lowest-cost operation in the portfolio, Kurmuk is expected to drive a disproportionate increase in cash flow relative to production. Exploration activities continued to extend known mineralized systems and advance new targets across the portfolio, most notably at Kurmuk.